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Easily convert AMPL to VTHO with ConvertOnline's efficient tool.
Ampleforth (AMPL) is a cryptocurrency designed to provide a decentralized and protocol-driven approach to monetary policy, utilizing a unique elastic supply mechanism. Unlike traditional cryptocurrencies that have a fixed supply, Ampleforth adjusts its supply daily based on demand, allowing each holder's balance to change in response to market conditions.
VeThor Token (VTHO) is a utility token that serves as the operational currency within the VeChainThor blockchain ecosystem. It is primarily used to pay for transaction fees and to facilitate the execution of smart contracts on the platform, making it essential for users engaging with the VeChain network.